Fed official suggests easing of big-bank merger rules as competition from fintech increases
admin The U.S. Federal Reserve Board should consider relaxing bank-merger guidelines focused on branch concentration, last…
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Big banks to pay nearly $2 billion for ‘widespread and longstanding failures’ in keeping text-message records
Nearly a dozen financial institutions agreed to pay more than $1.8 billion collectively for failing…
Read MoreSenators drill down on Zelle reimbursements, inflation and ‘uber-woke’ policies in bank CEO hearing
Democratic senators criticized banks for not serving consumers fairly while Republicans complained about liberal social…
Read MoreJamie Dimon says stopping oil and gas funding would be ‘road to hell for America’
“Stopping new oil and gas funding? ‘That would be the road to hell for America.’”…
Read MoreJamie Dimon to criticize bank capital requirements and lament impact of inflation on regular Americans in coming Capitol Hill testimony
JPMorgan Chase & Co. CEO Jamie Dimon will focus the bulk of his prepared remarks…
Read MoreJamie Dimon, Jane Fraser and other CEOs are heading to Capitol Hill this week for their annual grilling
CEOs from the largest consumer-facing banks in the U.S. are scheduled to testify on Capitol…
Read MoreJPMorgan and Goldman are still top dogs in investment banking but business shrinks significantly in 2022
JPMorgan Chase & Co. and Goldman Sachs Group Inc. held on to their one-two rankings…
Read MoreBank CEOs are heading to Capitol Hill this week for their annual grilling
CEOs from the largest consumer-facing banks in the U.S. are scheduled to testify on Capitol…
Read MoreCredit Unions buying banks? Yes indeed, says this deal lawyer
When deal lawyer Michael M. Bell worked on the purchase of Griffith Savings Bank by…
Read MoreAvaya stock plunges toward record low after WSJ report that $600 million debt deal soured
A $600 million debt deal arranged for beleaguered business communication company Avaya Holdings Corp. quickly…
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